UK Companies House feature
PAYHAWK LIMITED
Cash
£604K
Latest balance sheet
Net assets
£3M
+313,497,600% vs 2019
Employees
4
+300% vs 2019
Profit before tax
—
Period ending 2020-12-31
Profile
- Company number
- 11747263
- Status
- Active
- Incorporation
- 2019-01-02
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
2-year trend · vs UK AI & Enterprise SaaS median
Accounts
2-year trend · latest 2020-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | — | £604,192 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1 | £3,134,977 | |
| Equity | — | — | |
| Average employees | 1 | 4 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the financial position of the Group, its expected cash flows and liquidity position when assessing the ability of the Group to meet its operational obligations for the foreseeable future being at least 12 months from the date of approval of these financial statements and as such the Directors consider it appropriate to prepare the Group financial statements on a going concern basis.”
Subsidiaries
- Payhawk EOOD · 100% held · Bulgaria · Development, distribution, marketing and sale of software products and related services
- Payhawk GmbH · 100% held · Germany · Provision of business development and marketing support services
- Payhawk Spain S.L. · 100% held · Spain · Provision of business development, marketing and customer support services
- Payhawk DAC · 100% held · Ireland · Provision of Payhawk Group's credit portfolio management services
- Payhawk Inc. · 100% held · USA · Provision of SaaS subscriptions and payment intermediary services in the USA market
- Payhawk Financial Services UAB · 100% held · Lithuania · Distributor and card program manager of customers within the EU market
- Payhawk Financial Service Limited · 100% held · UK · Distributor and card program manager of customers within the UK market
- Payhawk B.V. · 100% held · Netherlands · Provision of business development and marketing support services
- Payhawk SAS · 100% held · France · Provision of business development and marketing support services
Significant events
- “On 8 April 2025, the Board took a decision to increase the registered capital of Payhawk EOOD by 29,337,450 shares at BGN 1 each (EUR 15,000 thousand).”
- “On 19 May 2025, the Board took a decision to increase the registered capital of Payhawk Financial Services Limited by 3,000,000 shares at GBP 1 each (EUR 3,572 thousand).”
- “On 03 June 2025 the Board of Directors of Payhawk Limited approved the incorporation of a new subsidiary of the company - Payhawk SA, société anonyme, domiciled in The Grand Duchy of Luxembourg. The deed of incorporation of the entity was executed on 20 August 2025 and formal registration of the entity will be completed by the end of August.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATICI, Mehmed Selcuk | Director | 2020-03-19 | Apr 1990 | Turkish |
| BORISOV, Hristo | Director | 2019-01-02 | Aug 1987 | Bulgarian |
| KARADZHOV, Boyko Ventsislavov | Director | 2020-03-31 | Dec 1989 | Bulgarian |
| KOHLER, William Alexander | Director | 2025-03-12 | Mar 1975 | American |
| OZDALGA, Yusuf | Director | 2021-04-23 | May 1975 | Swedish |
| TOMOV, Daniel | Director | 2023-08-29 | Apr 1974 | Bulgarian |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MEMARZADEH, Arsham | Director | 2022-02-28 | 2025-03-12 |
| RANSFORD, Mark Oliver, Dr | Director | 2020-01-23 | 2020-03-31 |
| TERZIEV, Vassil Alexandrov | Director | 2020-03-19 | 2023-08-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Boyko Ventsislavov Karadzhov | Individual | Shares 25–50%, Voting 25–50% | 2020-01-30 | Ceased 2020-04-21 |
| Hristo Borisov | Individual | Shares 25–50%, Voting 25–50% | 2019-01-02 | Ceased 2020-04-21 |
| Payhawk Ood | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-02 | Ceased 2020-01-23 |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-06 | CH01 | officers | change person director company with change date |
| 2026-01-06 | CH01 | officers | change person director company with change date |
| 2026-01-06 | CH01 | officers | change person director company with change date |
| 2025-09-04 | AA | accounts | accounts with accounts type group |
| 2025-03-12 | AP01 | officers | appoint person director company with name date |
| 2025-03-12 | TM01 | officers | termination director company with name termination date |
| 2025-01-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-19 | AA | accounts | accounts with accounts type group |
| 2024-04-18 | AD01 | address | change registered office address company with date old address new address |
| 2024-01-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-10-05 | RESOLUTIONS | resolution | resolution |
| 2023-10-05 | MA | incorporation | memorandum articles |
| 2023-10-03 | AA | accounts | accounts with accounts type small |
| 2023-09-01 | AP01 | officers | appoint person director company with name date |
| 2023-09-01 | TM01 | officers | termination director company with name termination date |
| 2023-03-24 | SH03 | capital | capital return purchase own shares |
| 2023-03-20 | AA | accounts | accounts with accounts type small |
| 2023-03-14 | SH06 | capital | capital cancellation shares |
| 2023-01-13 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory